Tyler Winklevoss: It’s Good For BTC When The Fed Prints Money

Time is Relative, When You Live in The Future (With Even More Juicy Content Added)

Hey all, I originally did this post in the Daily May 23, 2020. u/decibels42 encouraged me to make it as an individual post so it is easily findable. Hope folks don't mind seeing it again. Cheers
Every day you login to this group you see someone stressed about the price or happy about the price. The heads who have seen it all only seem to come around when it's actually worth sticking their head out, and I respect that. People should live their lives and let this be a fun place they come to checkin with really smart people - not to stress about every single bump in the price.
How did someone like me find ETH community? I studied to become a developer to build my own business and it's taken me ten years to do so. Ten, long, years. Finally i'm able to be the CEO without having to code though I miss it. Someonewhere along the way our CTO told me about Ethereum. We talked for two years about blockchain etc before we ever talked about the ETH token.
Researching I came across the book by u/danconway650 about how to escaped his as a middle manager and risked it all to invest into ETH and became a millionaire in 2017. It was more than a book about getting lucky - it was about surviving addiction. Investing early in something you believe in no matter how crazy people think you are. And working for a shitty corporation and praying to escape. I think we can all relate to that. Most importantly, in his book he talks about ethtrader - and you can't help but study how things went down over the last 3-5 years after reading his book. I still recommend for new folks to go back and read the old threads. It explains why folks left EthTrader and built this community and what folks have been through:
https://www.reddit.com/ethtradecomments/9me3dq/when_did_you_first_buy_crypto/?utm_medium=android_app&utm_source=share
Sadly, i've seen folks bash him for being correct about the risk he took. So many contributions to this community, and who knows how many people his book has brought in or will bring in.
Below are all edits made after a few second thoughts:
The only bad thing recently seen on the eth boards (Can't remember if it was ethtrader or finance - probably trader) was someone being bashed for buying their first eth and making a proud post. Most people cannot afford to spend money on an investment like this. So folks here are in a privileged and blessed class. Please remember that and don't get down on yourself about what you don't have.
Did anyone see that great post a couple weeks ago by the guy who was addicted to trading and lost like 15 or 20k eth? That type of story gives you perspective.
The best thing i've seen is folks like u/SwagtimusPrime fighting the good fight in CryptoCurrency and getting banned for dispelling misinformation though it seems to be everywhere for bitcoin and allowed to flourish.
https://www.reddit.com/ethfinance/comments/gnrfldaily_general_discussion_may_21_2020/frd6jw3?utm_medium=android_app&utm_source=share
Also, u/heyheeyheeey ALWAYS doing his reminder ETH is going to 20k.
The guy who does the "This day in eth" posts
u/ethlongmusk posting important content from Twitter
DC always giving thoughtful and cogent responses to the moment of the day.
and of course JT and the other stalwarts.
I'm new af and I can tell you all have had a community built to last forever. That should tell you something.
On the trading side i've learned:
One thing the old heads seem to consistently say is "don't trade".
It is understood that this is a place for traders and hodlers - and both are needed to make the ecosystem work. The truth is, everyone here is super super early.
https://www.reddit.com/ethfinance/comments/cyczuq/this_seat_is_occupied/?utm_medium=android_app&utm_source=share
And to those of you who are tired of waiting - time is relative. Please be patient. More time to learn. More time to DCA.
Be as confident about ETH as this guy was about bitcoin 7 years ago ...not because you are a loyalist..because of Visa, Reddit, and JP Morgan, Winklevoss Brothers, JK Rowling, Eth futures popping off for Ethereum all in 3 weeks:
https://youtu.be/Cw29h7LhEuE
Let the brilliant devs do their work because the tech is what this is really about and what gives the tokens value
https://a16z.com/2020/05/15/the-crypto-price-innovation-cycle/
Lets just take a step back and appreciate that as we roll into "crypto spring" https://finance.yahoo.com/video/alexis-ohanian-why-onsite-offsite-155135473.html
submitted by studyforgain to ethfinance [link] [comments]

Twitter hack: FBI investigates major attack

Twitter hack: FBI investigates major attack


The FBI has launched an investigation after hackers hijacked Twitter accounts of a number of high-profile US figures in an apparent Bitcoin scam.
"The accounts appear to have been compromised in order to perpetuate cryptocurrency fraud," said the bureau, urging the public to be vigilant.
Elon Musk, Bill Gates and Joe Biden were among those hit in what Twitter said was a "co-ordinated" attack.
Their official accounts requested donations in the cryptocurrency.
"Everyone is asking me to give back," said a tweet from the account of Mr Gates, the Microsoft founder. "You send $1,000, I send you back $2,000."
The US Senate Commerce committee has demanded Twitter brief it about Wednesday's incident by 23 July.
Twitter said the hackers had targeted its employees "with access to internal systems and tools".
"We know they [the hackers] used this access to take control of many highly-visible (including verified) accounts and Tweet on their behalf," the company said in a series of tweets.
It added that "significant steps" had been taken to limit access to such internal systems and tools while the company's investigation continues.
The tech firm has also blocked users from being able to tweet Bitcoin wallet addresses for the time being.


The UK's National Cyber Security Centre said its officers had "reached out" to the tech firm. "We would urge people to treat requests for money or sensitive information on social media with extreme caution," it said in a statement.
US politicians also have questions. Republican Senator Josh Hawley has written to the company asking if President Trump's account had been vulnerable.
President Trump's account was not compromised, the White House said.
The chair of the Senate Commerce committee has also been in contact with Twitter.
"It cannot be overstated how troubling this incident is, both in its effects and in the apparent failure of Twitter's internal controls to prevent it," Senator Roger Wicker wrote to the firm.
One cyber-security expert said that the breach could have been a lot worse in other circumstances.
"If you were to have this kind of incident take place in the middle of a crisis, where Twitter was being used to either communicate de-escalatory language or critical information to the public, and suddenly it's putting out the wrong messages from several verified status accounts - that could be seriously destabilising," Dr Alexi Drew from King's College London told the BBC.

Emergency response

Twitter earlier had to take the extraordinary step of stopping many verified accounts marked with blue ticks from tweeting altogether.
Password reset requests were also being denied and some other "account functions" disabled.
By 20:30 EDT (00:30 GMT Thursday) users with verified account started to be able to send tweets again, but Twitter said it was still working on a fix.


Dmitri Alperovitch, who co-founded cyber-security company CrowdStrike, told Reuters news agency: "This appears to be the worst hack of a major social media platform yet."
On the official account of Mr Musk, the Tesla and SpaceX chief appeared to offer to double any Bitcoin payment sent to the address of his digital wallet "for the next 30 minutes".
"I'm feeling generous because of Covid-19," the tweet added, along with a Bitcoin link address.
The tweets were deleted just minutes after they were first posted.
But as the first such tweet from Mr Musk's account was removed, another one appeared, then a third.
Others targeted included:
  • reality TV star Kim Kardashian West
  • former US President Obama
  • media billionaire Mike Bloomberg
  • the ride-sharing app Uber
  • the iPhone-maker Apple
The campaign of Joe Biden, who is the current Democratic presidential candidate, said Twitter had "locked down the account within a few minutes of the breach and removed the related tweet".

Instagram message

The BBC can report from a security source that a web address - cryptoforhealth.com - to which some hacked tweets directed users was registered by a cyber-attacker using the email address [email protected].
The name "Anthony Elias" was used to register the website, but may be a pseudonym - it appears to be a play on "an alias".
Cryptoforhealth is also a registered user name on Instagram, apparently set up contemporaneously to the hack.
The description of the profile read "It was us", alongside a slightly smiling face emoticon.
The Instagram profile also posted a message that said: "It was a charity attack. Your money will find its way to the right place."
In any case, the real identities of the perpetrators are as yet unknown.


Cameron Winklevoss, who was declared the world's first Bitcoin billionaire in 2017 along with his twin brother Tyler, tweeted a message on Wednesday warning people not to participate in the "scam".


In the short time it was online, the link displayed in the tweets of targeted accounts received hundreds of contributions totalling more than $100,000 (£80,000), according to publicly available blockchain records.
The Twitter accounts targeted have millions of followers.


Last year, Twitter chief executive Jack Dorsey's account was hacked, but the company said it had fixed the flaw that left his account vulnerable.
Dr Drew recently co-authored a paper warning about the potential of Twitter being used to sow disinformation.
She said the latest incident highlighted the need for all major social media platforms to check their security measures, particularly in the run up to the US presidential vote in November.
"Social media companies such as Twitter and, Facebook all have a duty to consider the damage and influence their platforms can have on the 2020 election, and I think some companies are taking that more seriously than others," she told the BBC.
"Twitter actually has a good history of being forward-thinking and proactive in this space. But whatever the source of this attack [it seems they have] still not done enough."
submitted by Old_Lavishness7140 to u/Old_Lavishness7140 [link] [comments]

Bitcoin Gemini Exchange Review 2020

Bitcoin Gemini Exchange Review 2020
If you are planning to place assets into cryptographic types of cash like Bitcoin or Ether, in any case, you do not understand where to start, this Gemini exchange review will help you with choosing.
Gemini Bitcoin Exchange Review 2020
You need yourself to be a productive advanced cash intermediary. By what technique will you become? To help you here's an exchange review, which will give every one of you the low down information required for a powerful enthusiasm for one of the most trusted in stages the Gemini Exchange.
We should find all the more right currently review
Gemini Review :
About Gemini Exchange
Twin kin developed Gemini Winklevoss in the year 2014. The Gemini exchange is arranged in New York. The Gemini crypto exchange is open in essentially all US states, similarly as UK, Canada, Puerto Rico, Singapore, South Korea, and Hong Kong. In 2016, Gemini transformed into the world's recently approved Ether exchange.
It positions 82th greatest exchange on earth as showed by 24-hour volume on Coinmarketcap. While Gemini Bitcoin and Gemini Ethereum trading volumes are high, the exchange is endeavoring with all undertakings to fight with those stages offering a predominant piece of the cryptographic types of cash, for instance, Binance.
Reinforced Currencies
Gemini offers crypto to fiat portions and a BTC/ETH grandstand, which makes it a quick contender to any similarity to Coinbase, Bitstamp, and Kraken. At present, it is one of the most respected and ensure about exchanges open. This is in light of the fact that it has more features to help secure customers against developers. Also, it is one exchange for the CBOE Bitcoin future settlement. Gemini Mobile application is directly available, which is amazingly basic and versatile to use.
How to use Gemini?

https://preview.redd.it/qnowl19fwaj41.jpg?width=720&format=pjpg&auto=webp&s=1819eeac9d4c44681c0afe616d387b60a78f7c8e
1) Go to the official site and snap the "Register" tab on the upper right corner.
Enter your name, email address, and mystery word for your own record. While affirming your email address, it is critical to :
Affirm your email address and enter both your region and phone number, by then you can set up 2-Factor Authentication (2FA) which will be an additional layer of security to your record.
Incorporate your monetary equalization. Starting at now, Gemini recognizes simply bank moves and wires, as a methodology for putting away holds.
To check your record, move your organization ID proof. This will help you with executing and trade US Dollars. Moreover, it will help Gemini with as per the Bank Secrecy Act (BSA) and Anti Money Laundering (AML) rules. The affirmation time may run from a couple to a couple of days.
Subsequent to completing of all the above strategies, you can use your record for financing.
gemini crypto exchange
2) Deposit Currency
In the Menu, click Transfer Funds, by then find a good pace Bank Transfer and Exchange. Enter the whole you have to store here. Moreover, note $500 consistently is the most extraordinary most extreme for Bank moves.
3) Trading Bitcoin and Ethereum
As you store by methods for bank move, they are quickly available for trading. you can purchase by encountering the menu and picking your supported trading pair. For example, for Bitcoin BTC/USD similarly as Ethereum ETH/USD.
In the wake of embeddings the expense and sum it will process your buy demand. There is another choice to trade by methods for the business community which has exhibit orders gave by various customers.
After the fulfillment of your purchase, your record will be acknowledged with your Ethereum just as Bitcoin purchases. You can sell your computerized cash on the Gemini crypto exchange. Regardless of the way that you can't make a withdrawal until your bank move has been completely arranged.
gemini sponsor organization
4)Trading Limits
By and by, For most trade strategies, there are no limitations on trades. In any case, Automated Clearing House (ACH) moves have the greatest store most remote purpose of $500 day and $15,000 consistently for singular record holders. Associations have a state of restriction for making ACH stores of $10,000 consistently or $300,000 consistently.
Gemini Marketplace
There is a Gemini business focus that runs 24*7. Here, you can have indistinguishable number of solicitations from you wish to have, with a variety of trading choices. These include:
Market Orders – With the present best open worth, the solicitations here starting dealing with quickly against resting orders.
Purpose of repression Orders – The sum is filled at or better than a given expense. The sum which isn't dispatched lays on the solicitation book diligently until it is filled or dropped.
Brief or Cancel (IOC) Limit Orders – The sum is filled at or better than a given expense. The sum which isn't filled rapidly is dropped and doesn't lay on the perpetual solicitation book.
Maker or Cancel (MOC) Limit Orders – The sum lays on the solicitation book continually at a foreordained expense. Furthermore, the entire solicitation is dropped if there is any sum that can be filled immediately.
All solicitations made on this stage are totally sponsored and fill in as a full hold exchange. In any case, there is no edge trading Gemini. Despite that, reliably the customer's record equality should have more balance than the exceptional excitement on demand books. Also, all open solicitations decline your available leveling until they are fulfilled or dropped
Gemini Fees
In the event that there ought to be an event of moves, Gemini crypto exchange has a low cost technique and stage customers can store Bitcoin, Ether, at freed from charges for both bank and wire moves. In any case, banks will charge a cost for the customers to wire money to their Gemini account. Withdrawals on the stage are free and all customers will have 30 free withdrawals for each calendar month.
Any withdrawals more than this total will pull in costs comparable to the mining charges payable on either sort out. The costs are around 0.001 BTC or 100,000 Satoshi per trade on the Bitcoin Network and 0 GWei or 0 ETH per trade on the Ethereum Network.
MakeTaker charges
0.25% is the trading costs for both sellers(makers) and buyers(takers). If it shows up at certain trade volumes, charges will be reduced. The maker charge is 0% for 30-day trading volumes that outperform 5,000 Bitcoin or 100,000 Ether. For a comparable trading entirety, the taker run after will bubble to 0.10%.
Gemini uses dynamic maker and taker charge or reimbursement timetable, and sellers can get reimbursement on liquidity-creation trades. The particular entireties depend upon net trading volumes and the buy and sell extent over a multi day time allotment. The data are adjusted as expected and more information on charges can be found here.

https://preview.redd.it/exgucn9gwaj41.png?width=225&format=png&auto=webp&s=34fc66d46df40444abcc9ac61308106b2e3f57c0
charges
Concerning purchases, the base purchase whole for Bitcoin is 0.00001 BTC, or 1000 satoshis, for Ether, the base sum is 0 .001 ETH
Security-at-Gemini
Bitcoin Gemini Reviews, is a strong exchange that has a better than average reputation in everyone. The exchange goes about as a way into the universe of cryptographic cash trading. This may be in light of the fact that various customers first quit concerning purchasing Bitcoin and Ethereum. In comprehension to Coinbase, Gemini has a near space. Wherein it allows its customers to make trade clearly to and from their records.
Gemini is a not too bad choice, for people looking to securely trade either Bitcoin or Ethereum. The exchange is a potential decision for new competitors to the market similarly as logically settled sellers who like to make trades by methods for their monetary adjusts.
Latest News
Dec 17, 2019: Well realized cash related pro association State Street picked Gemini exchange for the new propelled asset pilot adventure.
Nov 19, 2019: Gemini exchange wanders into NFT's and acquired Nifty Gateway Solution, a phase to buy Non-Fungible Tokens.
Nov 14, 2019: The exchange added Stop-Limit to the solicitations being executed on the stage.
Sep 11, 2019: Gemini dispatches Gemini Custody with 18 cryptographic types of cash
Sep 5, 2019: Gemini Clearing™, a totally electronic clearing and settlement answer for off-exchange exhibited by the stage
Aud 27, 2019: Gemini Joins the Silvergate Exchange Network
Aug 22, 2019: Gemini loosens up and reaches to Australia
April 15, 2019: Gemini wallet support Segwit
Gemini Bitcoin Exchange Review
Rundown: How to Buy Bitcoins by means of Gemini
Register a record at Gemini and check email code sent to you.
Set up two-factor validation (2FA).
Give checked ID as a major aspect of the confirmation procedure.
Include ledger.
Store cash by clicking "Move Funds", "Store into Exchange" and afterward picking the sort of bank move.
Snap "Purchase" catch and round out the buy structure to get BTC.
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